Statement of Intent - 2004 - Part 2
Statement of Forecast Commitments - page 55
for the year ended 30 June 2005
| Budgeted 2004 $000 |
Estimated actual 2004 $000 |
Forecast 2005 $000 | |
|---|---|---|---|
| Capital commitments | |||
| Equipment | |||
| Less than one year | 400 | 400 | 512 |
| Total capital commitments | 400 | 400 | 512 |
| Operating commitments | |||
| Non-cancellable accommodation leases | |||
| Less than one year | 19,317 | 19,317 | 19,294 |
| One to two years | 11,932 | 11,932 | 16,490 |
| Two to five years | 18,446 | 18,446 | 29,099 |
| Over five years | 2,222 | 2,222 | 34,689 |
| Total accommodation commitments | 51,917 | 51,917 | 99,572 |
| Other non-cancellable leases | |||
| Less than one year | 24,685 | 24,685 | 12,096 |
| One to two years | 11,997 | 11,997 | 0 |
| Two to five years | 0 | 0 | 0 |
| Over five years | 0 | 0 | 0 |
| Total other lease commitments | 36,682 | 36,382 | 12,096 |
| Non-cancellable contracts for the supply of goods and services | |||
| Less than one year | 7,738 | 7,738 | 6,919 |
| One to two years | 1,953 | 1,953 | 241 |
| Two to five years | 199 | 199 | 0 |
| Over five years | 0 | 0 | 0 |
| Total supply commitments | 9,890 | 9,890 | 7,160 |
| Total operating commitments | 98,489 | 98,489 | 118,828 |
| Total commitments | 98,889 | 98,889 | 119,340 |
Operating leases include lease payments for premises, computer and IT equipment, telephone exchange systems, and office equipment.
Inland Revenue has long-term leases on its premises at many locations throughout New Zealand. The annual lease payments are subject to regular reviews and the amounts disclosed as future commitments are based on the current rental rates.
Commitments for non-cancellable accommodation leases include commitments for the surplus space as a result of organisation restructuring. Provision has been made in the financial statements for the expected net expenses for the duration of the lease in respect of this surplus space.
Inland Revenue has entered into non-cancellable contracts for computer maintenance and other contracts for goods and services.
The accompanying accounting policies form part of these financial statements.
Other pages in: Statement of Intent - 2004 - Part 2
- Statement of responsibility - page 47
- Statement of accounting policies - pages 48-50
- Statement of Forecast Financial Performance - page 51
- Statement of Forecast Movements in Equity - page 52
- Statement of Forecast Financial Position - page 53
- Statement of Forecast Cash Flows - page 54
- Details of Forecast Fixed Assets by Category - page 56
- Summary of Forecast Financial Information - Page 57
- Summary of Departmental Output Classes - page 58
- Reconciliation of Statement of Intent to 2004 - 2005 Estimates - page 59
- Performance objectives Output Class 1 - Policy Advice - pages 60-62
- Performance objectives Output Class 2 - Adjudication and Rulings -
pages 63-64 - Performance objectives Output Class 3 - Information Services - pages 65-66
- Performance objectives Output Class 4 - Revenue Assessment and Collection - pages 67-68
- Performance objectives Output Class 5 Managment of Debt and Outstanding Returns - pages 69-70
- Performance objectives Output Class 6 - Taxpayer Audit - pages 71-72
- Performance objectives Output Class 7 - Assessment and Collection of Child Support - pages 73-75
- Performance objectives Output Class 8 - Collection of ACC Levies - page 76
Date published: 16 Nov 2004
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